Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Get Free Report) shares traded up 0.8% during trading on Thursday . The company traded as high as $18.74 and last traded at $18.69. 6,660 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 7,396 shares. The stock had previously closed at $18.54.
Dime Community Bancshares Price Performance
The stock’s 50-day moving average is $18.44 and its 200 day moving average is $19.06.
Dime Community Bancshares Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Friday, January 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, January 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.3%.
Dime Community Bancshares Company Profile
Dime Community Bancshares (NASDAQ:DCOMP) is the bank holding company for Dime Community Bank, a commercial bank headquartered in Hauppauge, New York. The company specializes in originating and servicing commercial real estate loans, with a primary focus on income-producing multifamily, office, retail and industrial properties. In addition to its lending activities, Dime Community Bancshares offers deposit products, cash management services and treasury solutions to small and medium-sized businesses as well as individual customers across its branch network.
The roots of Dime Community Bancshares trace back to the Dime Savings Bank of Williamsburgh, founded in 1864.
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